Bitcoin as payment system

[ChixHunter]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  Undecided

And how do you see it's future?

[altcoingamer]

I personally dont think using bitcoin as money is necessary to justify its price.. even if thats how Satoshi invented it.. I think as a digital store of value and a liaison between USD and alt markets is more than enough to justify very high prices.. I'll reassess my thoughts with lightning network though.. but right now it seems silly to think of purchasing a cup of coffee with bitcoin considering its crazy volatility and high fees.

[moonking]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  Undecided

And how do you see it's future?

I think if everyone would want to pay in bitcoin, than a single large player would emerge with their own wallet, and than you simply deposit bitcoin into your "spending" wallet and wait for it to confirm, and than you go shopping.  All the retailers would have an account with the same wallet as you, a business account, and you would be able to instantly pay for anything without fees, because its like interwallet transfer.  It's kind of like sending the convenience store clerk money through coinbase for a purchase, i think it's free, coinbase to conbase.  I like this better, a visa debit that exchanges the exact amount of bitcoin you need to make a purchase.  No transaction fees, because the bitcoin is already in the card wallet, and just as fast as cash.

[DAMKAR]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  Undecided

And how do you see it's future?

I think at the coming future It will happen.Bitcoin as payment system, When bitcoin more popular than now.

[felixesteban]

Because of the very high volatility, it seems unlikely to be widely used for now, but if the marketcap volume reaches trillion dollars, the situation may change easily in future.

[Doctor]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  Undecided

And how do you see it's future?

Yes I see at the coming future bitcoin as payment system. Bitcoin will be needed and more popular than now.

[Garuda]

Bitcoin will become a global payment system one day. And I'm very sure of that. If everyone already has knowledge about bitcoin, then bitcoin will grow as a payment system. Bitcoin will be increasingly preferred because bitcoin offers easy transactions.

[Miftakhul2]

in the future all to most people will use digital currency one of them is bitcoin, and this currency will be the legal currency for any transaction ....

[Cryptos Investors]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  Undecided

And how do you see it's future?

Bitcoin is still not enough to be used for payment system due to bitcoin is bad for payment system especially for small amount of payment under $1, the fees transaction is more expensive than the value will be sent but i am sure in the future bitcoin can be used as payment system than just as instrument of investment due to the developer of bitcoin is still working to make bitcoin be better in the future.

[sirty143]

I personally dont think using bitcoin as money is necessary to justify its price.. even if thats how Satoshi invented it.. I think as a digital store of value and a liaison between USD and alt markets is more than enough to justify very high prices.. I'll reassess my thoughts with lightning network though.. but right now it seems silly to think of purchasing a cup of coffee with bitcoin considering its crazy volatility and high fees.

Because of the very high volatility, it seems unlikely to be widely used for now, but if the marketcap volume reaches trillion dollars, the situation may change easily in future.

Sorry, guys! But I think both of you missed something because according to Wikipedia since 2017, country's government officially recognized bitcoin as a method of payment, and regulators have just warned the public that bitcoin does not have legal protection, "as the currency is not issued by any monetary authority and is therefore not entitled to legal claims or guarantee of conversion. So, it's very clear that it's being used as payment since 2017.

Also, there were more than 100 companies and retailers worldwide that accept Bitcoin as payment for their products and services. I know of some cryptos being used as payment too, like Ethereum, Litecoin, Monero, Bitcoin Cash, Dash, etc but the most widely used at present is Bitcoin. Below is the list. Source: https://www.ebay.com/gds/100-Companies-That-Accept-Bitcoins-As-Payment-/10000000206483242/g.html

1-800-FLOWERS – United States based online floral and gift retailer and distributor
4Chan – For premium services
A Class Limousine - Pick you up and drop you off at Newark (N.J.) Airport
Amazon – An online company that sells almost anything.
Apple’s App Store - Buy music and any app on the Apple AppStore with bitcoins
Badoo – Online dating network
BigFishGames – Games for PC, Mac and Smartphones (iPhone, Android, Windows)
Bing by Microsoft – 2nd search engine to Google
Bitcoin. Travel – a travel site that provides accommodation, apartments, attractions, bars, and beauty salons around the world
Bitcoincoffee – Buy your favorite coffee online
Bloomberg – Online newspaper
Braintree – Research firm
CEX – The trade-in chain has a shop in Glasgow, Scotland that accepts bitcoin
CheapAir – Travel booking site for airline tickets, car rentals, hotels
CoinMama: Buy Bitcoins with Credit Card
Crowdtilt - The fastest and easiest way to pool funds with family and friends 
curryupnow - A total of 12 restaurants on the list of restaurants accept bitcoins in San Francisco Bay Area
CVS – A pharmacy shop
Dell - American privately owned multinational computer technology company
Dish Network - An American direct-broadcast satellite service provider
Dream Lover – Online relationship service
Etsy Vendors – Original art and Jewelry creations
Euro Pacific – A major precious metal dealer
Expedia. com – Online travel booking agency
ExpressVPN – High speed, ultra secure VPN network
EZTV – Torrents TV shows provider
Famsa – Mexico’s biggest retailer
Fancy - Discover amazing stuff, collect the things you love, buy it all in one place
Fight for the Future – Leading organization finding for Internet freedom
Fiverr – Get almost anything done for $5
Grass Hill Alpacas – A local farm in Haydenville, MA
Green Man Gaming - Popular digital game reseller
Grooveshark – Online music streaming service based in the United States
Helen’s Pizza - Jersey City, N.J., you can get a slice  of pizza for 0.00339 bitcoin by pointing your phone at a sign next to the cash register
Home Depot - Office supplies store
i-Pmart – A Malaysian online mobile phone and electronic parts retailer
Intuit - an American software company that develops financial and tax preparation software and related services for small businesses, accountants and individuals.
Jeffersons Store - A street wear clothing store in Bergenfield, N.J
Kmart - Retail products store
Lionsgate Films - The production studio behind titles such as The Hunger Games and The Day After Tomorrow
LOT Polish Airlines – A worldwide airline based in Poland
Lumfile – Free cloud base file server – pay for premium services
Mexico’s Universidad de las Américas Puebla – A major university in Mexico
Microsoft – Software company
Mint - Mint pulls all your financial accounts into one place. Set a budget, track your goals and do more
MIT Coop Store - Massachusetts Institute of Technology student bookstore
MovieTickets – Online movie ticket exchange/retailer
mspinc – Respiratory medical equipment supplies store
Museum of the Coastal Bend - 2200 East Red River Street, Victoria, Texas 77901, USA
Namecheap - Domain name registrar
Naughty America - Adult entertainment provider
NCR Silver – Point of sales systems
Newegg – Online electronics retailer now uses bitpay to accept bitcoin as payment
OkCupid – Online dating site
Old Fitzroy – A pub in Sydney, Australia
One Shot Hotels – Spanish hotel chain
Overstock – A company that sells big ticket items at lower prices due to overstocking
PayPal / Ebay - Credit card / payment processor / Auction
Pembury Tavern – A pub in London, England
PizzaForCoins - Domino’s Pizza signed up – pay for their pizza with bitcons
PSP Mollie – Dutch Payment Service
Rakutan – A Japanese e-commerce giant
RE/MAX London - UK-based franchisee of the global real estate network
Reddit – You can buy premium features there with bitcoins
Sacramento Kings – Professional Basketball team out in Sacramental California (NBA)
San Jose Earthquakes – San Jose California Professional Soccer Team (MLS)
Save the Children  - Global charity organization
Sears - Clothing and household products, electronic store
Seoclerks. com – Get SEO work done on your site cheap
SFU bookstore - Simon Fraser University in Vancouver, Canada
Shopify. com – An online store that allows anyone to sell their products
ShopJoy – An Australian online retailer that sells novelty and unique gifts
SimplePay - Nigeria’s most popular web and mobile-based wallet service
Square – Payment processor that help small businesses accept credit cards using iPhone, Android or iPad
State Republican Party – First State Republican Party to accept bitcoin donations 
Straub Auto Repairs - 477 Warburton Ave, Hastings-on-Hudson, NY 10706 - (914) 478-1177
Stripe - San Francisco-based payments company
Subway – Eat fresh
Suntimes. com – Chicago based online newspaper
T-Mobile Poland – T-Mobile’s Poland-based mobile phone top-up company
Target – An American retailing company
TechCrunch. com – IT blog
Tesla – The car company
The Libertarian Party – United States political party
The Pink Cow – A diner in Tokyo, Japan
The Pirate Bay - BitTorrent directories
Tigerdirect – Major electronic online retailer
Victoria’s Secret – A lingerie outlet
Virgin Galactic - Richard Branson company that includes Virgin Mobile and Virgin Airline
WebJet – Online travel agency
Whole Foods – Organic food store (by purchasing gift card from Gyft)
with your money, for free!
Wikipedia -  The Free Encyclopedia with 4 570 000+ article
WordPress – An online company that allows user to create free blogs
Yacht- base – Croatian yacht charter company
Zappos – Online retailer
Zynga – Mobile gaming

[alltalk]

~snip~
How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day? 
And how do you see it's future?

As long as I know, Bitcoin is in development and improving many existing shortages. It should be possible to be the next payment system since it offers flexibility, simplify, speed, and safety for payment system. A modern life will need it to supports their business and life necessity.   

[debra]

Actually the initial purpose of creating bitcoin is to make payments to all countries easily, cheaply and quickly. But now bitcoin has another function, bitcoin is an investment. When viewed at this time, bitcoin is used more as an investment tool. But in the times of development, bitcoin will become a payment tool that many people use.

[Master107]

It is happening and it will become more recognized worldwide once they government adopted the knowledge and the system of virtual currency. This is not new trend rather it was old.

[Sabarhati]

It is happening and it will become more recognized worldwide once they government adopted the knowledge and the system of virtual currency. This is not new trend rather it was old.

yes, because we live going forward, the more organized life becomes easier and more sophisticated than before ..

[rizqillah]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  Undecided

And how do you see it's future?

Yes, I think Bitcoi. will have great future , Bitcoin as payment system at the coming future. I believe it.